530 N Ashland Avenue Chicago IL 60622 MLS #MRD12493057

MLS #MRD12493057 image #0
EXPERIENCE A RARE & UNIQUE OPPORTUNITY TO ELEVATE YOUR INVESTMENT PORTFOLIO WITH THIS EXPANSIVE MASONRY & FRAME 2-FLAT BUILDING IN THE HIGHLY SOUGHT-AFTER WEST TOWN AREA. THE UNIQUE 6 CAR 12 FEET GARAGE WITH 10 FOOT GARAGE DOOR WITH NEW GARAGE DOOR HAS INFINITE POSSIBILITIES FOR RUNNING A HIGHLY SUCCESSFUL BUSINESS. 1ST APARTMENT BOASTS A 2018 TRANSFORMATION: REMODELED KITCHEN & BATHROOM, REFINISHED HARDWOOD FLOORS, ABUNDANCE OF NATURAL LIGHT, 2 BEDROOMS & NEW DRYWALL & FRESH PAINT IN THE BACK PORCH. ALL NEW LIGHT FIXTURES IN & ALL NEW PLUMBING FIXTURES. 2ND APARTMENT SHOWCASES A 2022 RENOVATION: FRESHLY PAINTED THROUGHOUT, NEW WHITE SLEEK KITCHEN CABINETS, BACKSPLASH, APPLIANCES, COUNTER TOPS, & COOPER SINK. NEW BATHROOM TILES, BATHTUB, VANITY & TOILET. SKYLIGHTS WITH NEW FLASHING ALLOW FOR TONS OF SUNLIGHT, SANDED & REFINISHED HARDWOOD FLOORS, ALL NEW LIGHT FIXTURES & ALL NEW PLUMBING FIXTURES, ALL NEW ELECTRICAL OUTLETS & SWITCHES. 1ST LEVEL A/C & HVAC JUNE OF 2024. NEW 2ND UNIT CONDENSER IN 2024. 1ST FLOOR WATER HEATER APRIL, 2024 & 2ND FLOOR WATER HEATER JUNE, 2015. WITH NEW WASHERS & DRYERS IN BOTH UNITS, A FULLY REPLACED ROOF & RECENT HVAC UPGRADES, THIS PROPERTY IS POISED FOR LONG-TERM SUCCESS. NEW CENTRAL HEAT & ALL NEW ELECTRICAL OFFERS ADDITIONAL INCOME POTENTIAL. WHETHER YOU CHOOSE TO RESIDE IN ONE UNIT & RENT THE OTHER OR INVEST IN THE PROPERTIES FULL POTENTIAL, THE POSSIBILITIES ARE ENDLESS. WITH RENTAL INCOME PLUS ADDITIONAL GARAGE RENTAL INCOME, THIS INVESTMENT IS SURE TO THRIVE. CLOSE PROXIMITY TO GROCERY STORES (MARIANOS), COFFEE SHOPS, ENTERTAINMENT, DINING, METRA & I90. 3 LOTS FOR SALE NEXT TO EACH OTHER 524 N. ASHLAND AVE/526 N. ASHLAND AVE (INDUSTRIAL COMMERICAL OFFICE/WAREHOUSE) & 530 N. ASHLAND AVE, ZONED B3-2. POSSIBILTY OF BUILDING A MULTIPLE APARTMENT BUILDING (RE-ZONING REQUIRED TO RM-5/BUYER RESPONSIBLE FOR VERYFING).

Property Details

Price:
$649,900
MLS #:
MRD12493057
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chiwesttown
Listed Date:
Oct 10, 2025
Year Built:
1892
Chi – West TownChiwesttown

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Aluminum Siding, Brick
Other Structures
Garage(s)
Parking Features
Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Detached
Parking Spots
6
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$11,639

Listing Agent & Office

Katarzyna Kaminska
United Real Estate-Chicago

See this Listing

Send
  

Mortgage Calculator

 

Map

Similar Listings Nearby

broker reciprocity
MLS# MRD12532555broker reciprocity
4728 N Kennicott Avenue
Chicago, IL

$842,500

4.9 miles away

broker reciprocity
MLS# MRD12533898broker reciprocity
3823 N Lavergne Avenue
Chicago, IL

$840,000

4.0 miles away

broker reciprocity
MLS# MRD12494535broker reciprocity
3322 W Wilson Avenue
Chicago, IL

$839,000

4.9 miles away

broker reciprocity
MLS# MRD12516294broker reciprocity
3021 N Racine Street
Chicago, IL

$825,000

5.0 miles away

broker reciprocity
MLS# MRD12505595broker reciprocity
2136 N 74th Court
Elmwood Park, IL

$809,000

4.4 miles away

broker reciprocity
MLS# MRD12481759broker reciprocity
2554 N Oak Park Avenue
Chicago, IL

$800,000

4.4 miles away

broker reciprocity
MLS# MRD12541145broker reciprocity
3544 W Douglas Boulevard
Chicago, IL

$800,000

2.3 miles away

broker reciprocity
MLS# MRD12523250broker reciprocity
2826 N Troy Street
Chicago, IL

$799,900

2.8 miles away

broker reciprocity
MLS# MRD12557344broker reciprocity
1122 S Oak Park Avenue
Oak Park, IL

$799,900

3.9 miles away

broker reciprocity
MLS# MRD12545515broker reciprocity
3029 W Washington Boulevard
Chicago, IL

$799,000

1.5 miles away

530 N Ashland Avenue
Chicago, IL